Episode 82 | David Frank | Financial Planning for Therapists

FEATURED GUESTS: David Frank is the financial planner for therapists. Through the firm he founded, Turning Point Financial Life Planning, he helps therapists navigate every element of their financial lives: from understanding your practice P&L and building a personal budget to managing student loan debt and investing for retirement... and everything in between. But don't let his love of the tax code and spreadsheets scare you off! You're just as likely to find him with his nose buried in one of Pema Chodron's books as reading up on the latest financial planning techniques.

LISTEN & LEARN: 

• Why it is important for private practice therapists to engage in financial planning. 
• Why the hardest part of financial planning is getting started. 
• How being present with your finances can change the relationship you have with money. 
• How asking the question, why is money important to you, can provide clarity about how you want your money to work for you. 
• The connection between emotions and money and how that might impact the financial health of your business. 
• The value of understanding how much of your fees actually go towards your personal salary. 
• The benefits of investing in learning from other entrepreneurs. 
• The benefits of compound interest as applied to investing. 

RESOURCES MENTIONED ON THE SHOW:
https://turningpointhq.com
Resources David Frank has created for therapists https://turningpointhq.com/resources